Askari secures majority interest in African project

Australian-based exploration company Askari Metals has signed a binding heads of agreement with LexRox Exploration Services to acquire a 90% interest in the advanced Uis lithium-tantalum-tin project in west-central Namibia. As part of the agreement, Askari will pay $100,000 in cash within five business days and issue $1.05 million worth of shares within seven days of settlement. The transaction is…

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